Unlikely to be gone yet.
The gold is still there. One possible option could be to suspend operations until the gold price rises to make the operations economic. However, there are costs with implementing such an option.
TH could be for a capital raising which will severely dilute existing shareholders. Lihir may be interested in increasing its Australian operations via PSV.
The subsequent step may be a complete takeover at 20 cents per share.
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PSV
perseverance corporation limited
Unlikely to be gone yet. The gold is still there. One possible...
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